PLATFORMS MUST IMPLEMENT RULES

UAE bans children below 15 years from access to social media

Thu, 18 Jun 2026

The UAE Cabinet has issued a resolution setting the minimum age for social media use at 15 years. Children below this age are prohibited from creating, using, or operating personal accounts on social media platforms.

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QATAR 11th, KSA 13th

UAE stays world's fifth most competitive economy, first in economic performance

Thu, 18 Jun 2026

The UAE has maintained its position as the world's fifth most competitive economy while ranking first globally in Economic Performance in the 2026 IMD World Competitiveness Ranking, reinforcing its status as one of the world's most resilient and future-ready economies.

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ANALYSIS

Why log management is becoming the next AI battleground

Thu, 18 Jun 2026

As the Artificial Intelligence (AI) initiatives move from experimentation to production, fragmented log management from too many tools is emerging as a key barrier to operational scale. The rapid growth of AI workloads is pushing traditional log management approaches to their limits, said an expert.

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8m bpd SUPPLY SURGE

Oil market faces major oversupply risk in 2027 as Gulf supplies return: IEA

Thu, 18 Jun 2026

The global oil market could swing into a substantial surplus next year as production recovers sharply following the US-Iran peace agreement and the gradual reopening of Gulf energy routes, according to the latest outlook from the International Energy Agency (IEA).

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MAJOR ECONOMIC GAINS FOR IRAN

US-Iran MoU: 14 points that will end the conflict

Thu, 18 Jun 2026

The 14-point memorandum of understanding (MoU) signed by the United States and Iran aims to reopen the Strait of Hormuz while offering Tehran a pathway to significant economic relief. However, it defers many of the most contentious issues that fuelled the recent conflict to subsequent negotiations.

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Top This Week

Emirates rolls out world’s most comprehensive travel insurance

Wed, 17 Jun 2026

Emirates has launched a world-first Comprehensive Travel Cover, offering expanded insurance with conflict-related medical protection, trip cancellation, baggage loss cover and disruption support, including up to $25,000 reimbursement and 30-day trip extensions.

Riyadh Air wins US approval to launch flights

Wed, 17 Jun 2026

Saudi Arabia's new national carrier, Riyadh Air, has secured approval from the US Department of Transportation (DOT) to operate flights to and from the United States, marking a major milestone in the airline's international expansion plans.

Sharjah Ruler announces $204m new roads linking with Dubai

Wed, 17 Jun 2026

Sharjah has announced a series of projects to construct and develop internal and main roads linking the emirates of Sharjah and Dubai at a cost of AED750 million ($204.22 million).

Oil prices continue to decline on export surge hopes

Wed, 17 Jun 2026

Oil prices further declined on Wednesday, extending the previous session's losses following the US-Iran interim peace deal which is expected to allow free passage for vessels through Strait of Hormuz.

$300bn private fund for Iran, over half already pledged says report

Wed, 17 Jun 2026

The proposed $300 billion fund being discussed as part of the US-Iran interim peace agreement is intended to serve as a private investment vehicle to help drive economic development and reconstruction in Iran, according to a Reuters report.

Interim deal 'will allow Iran to export oil immediately'

Wed, 17 Jun 2026

The interim agreement between the US and Iran aimed at ending the Middle East conflict is expected to pave the way for Iran to resume oil exports immediately, according to US officials.

UAE VAT and excise tax collection jumps 15% in 2025 to $12.53bn

Tue, 16 Jun 2026

The UAE Ministry of Finance (MoF) announced that the total revenues collected from Value Added Tax (VAT) and Excise Tax and distributed to the federal and local governments exceeded AED46 billion ($12.53 billion) in 2025, up from approximately AED41 billion in 2024, reflecting a year-on-year increase of 15%.

Siemens Energy to supply turbines, technology to 2.6GW Taweelah C power project

Tue, 16 Jun 2026

Siemens Energy will supply advanced gas and steam turbines and technology for the Taweelah C IPP (Independent Power Producer) project in Abu Dhabi, UAE.

Qiddiya announces 30-court world-class National Tennis Centre

Tue, 16 Jun 2026

Qiddiya Investment Company has announced the National Tennis Centre – a world-class sports and entertainment landmark -- will position Saudi Arabia as a future hub for international tennis, local grass roots participation and year-round community play.

Abu Dhabi unveils $201m residential community development

Thu, 18 Jun 2026

Abu Dhabi has announced the opening of the Al Samha Housing Project, a AED738 million ($201 million) development spanning 50 hectares featuring a total of 242 villas in addition to 33 parks and green spaces and two commercial complexes housing 38 retail outlets as well as a 3km cycling track.

Aramco ecosystem SMEs to access $4m in funding

Thu, 18 Jun 2026

SME Bank, Aramco Taleed and fintech firm Manafa have launched new financing solutions for SMEs in Saudi Arabia’s industrial sector and Aramco ecosystem, aiming to improve funding access, liquidity and growth, with opportunities expected to reach SAR1.5 billion ($400 million) over five years.

IATA praises Saudi air traffic efficiency

Thu, 18 Jun 2026

The International Air Transport Association (IATA) praised Saudi Arabia’s air traffic management during recent regional geopolitical tensions, commending its efficiency, resilience, and ability to maintain smooth and safe operations despite challenging circumstances in the region.

Saur showcases sustainable water management solutions at Project Qatar

Thu, 18 Jun 2026

Saur, an international leader in water infrastructure, showcased some of its expertise across the entire water cycle, highlighting innovative and sustainable solutions in smart water management, infrastructure operations and maintenance and wastewater treatment at Project Qatar 2026 event.

Why log management is becoming the next AI battleground

Thu, 18 Jun 2026

As the Artificial Intelligence (AI) initiatives move from experimentation to production, fragmented log management from too many tools is emerging as a key barrier to operational scale. The rapid growth of AI workloads is pushing traditional log management approaches to their limits, said an expert.

Ellington announces launch of 209 design-led residences in Meydan

Thu, 18 Jun 2026

Ellington Properties, a leading design-led real estate group, has announced the launch of its newest residential development, Everly Place, located at Meydan Horizon in Dubai featuring 209 residences across a curated mix of one - to three-bedroom apartments overlooking the crystal lagoon.

AI can help in climate prediction, but adoption challenges remain: report

Mon, 15 Jun 2026

Artificial intelligence could significantly improve the world's ability to predict and respond to climate-related disasters by enabling faster forecasting and more effective early warning systems, according to a new report. However, AI's potential will only be realised if the technology is trusted and adapted to local conditions, it said.

Sharjah ruler approves new employment plan with 3,000 vacancies

Thu, 18 Jun 2026

HH Sheikh Dr Sultan bin Mohammed Al Qasimi, the Supreme Council Member and Ruler of Sharjah, has approved the 2026 employment plan, which provides 3,000 job opportunities for Sharjah citizens within government entities across the emirate, reported Wam.

UAE debuts IPO-style sovereign retail sukuk scheme

Wed, 17 Jun 2026

The UAE has announced the launch of its first sovereign retail sukuk programme, offering individual investors access to government-backed Islamic investment instruments through a public subscription process. The sukuk will be offered through an IPO-style subscription framework.

DIFC mulls amendment of its key data protection rules

Thu, 18 Jun 2026

Dubai International Financial Centre (DIFC) is looking at amending its data protection regulations that will help streamline itsegulatory framework by enhancing requirements to embed safety in systems processing personal data in an AI‑native jurisdiction.

AI workloads breaking enterprise log management, says expert

Thu, 18 Jun 2026

As the Artificial Intelligence (AI) initiatives move from experimentation to production, fragmented log management from too many tools is emerging as a key barrier to operational scale. The rapid growth of AI workloads is pushing traditional log management approaches to their limits, said an expert.

Nissan Middle East posts impressive 3% growth in FY2025

Wed, 17 Jun 2026

Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.

UAE bans children below 15 years from access to social media

Thu, 18 Jun 2026

The UAE Cabinet has issued a resolution setting the minimum age for social media use at 15 years. Children below this age are prohibited from creating, using, or operating personal accounts on social media platforms.

Sharjah ruler approves new employment plan with 3,000 vacancies

Thu, 18 Jun 2026

HH Sheikh Dr Sultan bin Mohammed Al Qasimi, the Supreme Council Member and Ruler of Sharjah, has approved the 2026 employment plan, which provides 3,000 job opportunities for Sharjah citizens within government entities across the emirate, reported Wam.

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